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$1,500,000
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Property Description
This Fully leased multifamily investment opportunity located in downtown Summerville SC. comprised of 8 units, the building underwent a full renovation in 2024, featuring all new appliances, HVAC, fixtures, Duration paint, LVP flooring and new tankless water heaters. This low-maintenance brick building, with new systems in place, boasts quartz countertops and stainless steel appliances, offering modern appeal and convenience with 10 on site parking spaces. Situated in the high-demand Summerville area with 100% occupancy, this property presents a seamless, automated management system, with digital access locks on all doors. This property is just blocks from Downtown Main street. Don't pass up this opportunity to invest in the #1 ranked suburb in the USA for 2025!Each unit has its own power meter, water is shared for the building. Sale is for the building and .19 Acres of land with frontage on Fred Street. The vacant land facing W 5th North Street is not part of this offering, but could also be purchased for an additional $100,000.00. This lot has a preliminary site plan for 3 single family home lots., but could also accommodate townhomes or small commercial development.
Full Property Details
Full Property Details for 120 Fred St
General
- Sold For: $1,500,000
- Status: Closed
- Type: Multi-Family
- Source: Charleston_Trident_MLS
- MLS ID: 25013797
- Added to Site: 242 day(s) ago
Location
- Area: 63 - Summerville/Ridgeville
- County: Dorchester
- Driving Directions: From N Cedar Street Turn On Fred Street. Property Will Be Towards The End On The Left.
School Information
- Elementary School: Alston Bailey
- Middle School: Alston
- High School: Summerville
Community
- Community Name: 63 - Summerville/Ridgeville
Heating & Cooling
- Air Conditioning: Yes
- Heating Type: Wall Unit(s)
Structural Information
- Structure Type: More than 4
- Entry Location: Ground Level
- Stories/Levels: 2
- Building Size: 4972
- Square Feet: 4,972
- Year Built: 1980
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
Listed by Birchin Lane Realty Advisors, LLC
Sold by The Boulevard Company
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Schools
Schools serving 120 Fred St
School District:Dorchester School District 2
| Name | Grades | Distance |
|---|---|---|
Alston Middle School 500 Bryan Street, Summerville, SC 29483 | 6-8 | 0.7 mi |
Summerville High School 1101 Boone Hill Road, Summerville, SC 29483 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 Fred St
Date
Details
Price
Change
Source
10/03/2025
Sold
$1,470,000
-5.16%
MLS
5/19/2025
Listed
$1,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
120 Fred Street, Summerville, SC 29483 (MLS# 25013797) is a Multi-Family property that was sold at $1,500,000 on October 03, 2025. Want to learn more about 120 Fred Street? Do you have questions about finding other Multi-Family real estate for sale in Summerville? You can browse all Summerville real estate or contact a Coldwell Banker agent to request more information.

